Category: Payment

A cheque is a negotiable instrument that has a validity of 3 months. It is frequently issued as a means of payment all over the world. A cheque is deemed to have bounced when the payment it was meant to guarantee, fails. There are a number of reasons this can happen and they vary from…

Credit cards make our lives easier. There are no two ways about that. The ease of use, the amount of money a single plastic card holds rather than carrying wads of cash is amazing if you think about it. But as we all know, all great things have a flip side to them. In the…

Cashless payments are the roads that will pave the way for a completely digital India. For a country that has 1.3 million Point of Sale (POS) machines and an approximate 30 million customer base, the deficiencies of the current system are various. This is why cashless transactions have been given added importance by the current…

As we move towards a cashless economy, digital payments have become a mainstay. What was earlier a distant dream to send and receive money in a few clicks, has now become a reality due to continuously evolving technology. Enter BHIM which was launched in December 2016 in lines with India’s vision to go cashless.